 
Why Glasspex India?
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- India has over the years established itself as one of the world’s
fastest growing economies and has become a key player in numerous
trade verticals globally.
- India continues to grow as 2nd fastest growing economy in the
world, 3rd largest in terms of purchasing power parity and the 10th
most industrialized country in the world.
- Moreover, the process of reforms and the consequent deregulation,
liberalization and globalization of the economy has unleashed the
enormous growth potential of the country. This has made India as a
preferred destination for domestic and foreign investments.
- India is one of the few markets in the world which offer high
prospects for growth and earning potential in practically all areas
of business. There exists immense investment opportunities both at
the National and State Level.
- The growth in its population and higher standard of living are
driving forward in particular the subcontinent’s construction
and automobile sector, while the demand for consumer goods is also
rising.
- The automotive sector is one of the core industries of the Indian
economy. The delicensing of the sector in 1991 and the subsequent
opening up of 100 per cent foreign direct investment (FDI) through
the automatic route marked the beginning of a new era for the Indian
automotive industry. Since then almost all the global major
automobile players have set up their facilities in India.
- Indian incomes are likely to grow three-fold over the next two
decades and India will become the world's fifth-largest consumer
market by 2025.
- The real estate sector in India has observed a quite revolution
over the past decade thanks to India’s booming economy which
has led to an increased demand for both commercial and residential
space. According to a study by a leading industry chamber, the
Indian real estate sector is expected to grow at 30 per cent over
the next decade, attracting foreign investments worth US$ 30
billion.
- India is among the fastest growing pharmaceutical markets in the
world. The country's pharmaceutical market is expected to maintain a
healthy growth rate of 12-13 per cent and expected to cross the US$
10 billion mark by 2010 and reach approximately, US$ 12 to 13
billion by 2012.
- In all these areas the material glass plays a superior role, for
example as a modern construction material in architecture, as
packaging material for foodstuffs and pharmaceutical products, as
vehicle glass or the basis for displays and communication cables in
the electronics industry.
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